The UK provides guarantees for loans up to $500 million to Ukraine

The UK provides guarantees for loans up to $500 million to Ukraine

To support the economy of Ukraine during the period of aggressive actions of the Russian Federation aimed at undermining stability in the Ukrainian economy, the UK government has developed another package of economic assistance. It was informed by the head of the British Foreign Office Liz Truss. For the most important projects for the Ukrainian economy, the UK Cabinet of Ministers will provide loan guarantees for $500 million. In addition, the minister announced her readiness to supply defensive weapons to Ukraine, as well as the timely provision of data exposing the pretexts falsified by the Russian leadership for invading Ukrainian soil. The media previously reported that at the end of last year, the amount of UK financial assistance to Ukraine from UK Export Finance rose to 3.5 billion pounds. Also, an agreement was concluded between the countries, the action of which is aimed at strengthening the Ukrainian naval forces.

Source: xCritical.com

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